CommBank Neo Business Interest-Free Card

This no interest card offers credit limits between $1,000 and $3,000, with a monthly fee you only have to pay when you use it.

The CommBank Neo Business gives you a way to pay for business spending with 0% interest, no late fees and a monthly fee between that’s based on your credit limit. This fee is $12 for a $1,000 credit limit, $18 for a $2,000 limit and $22 for a $3,000 limit.

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Product NameCommBank Neo Business interest-free card
Purchase rate0% p.a.
Annual fee$0
Interest-free period
Min credit limit$1,000
Max credit limit$3,000
Card typeMastercard
Available to temporary residentsYes - Conditions apply


  • Charges a monthly fee based on your selected credit limit
  • $0 monthly fee if you don't carry a balance or make purchases
  • No interest charges and no late payment fees
  • Access to cashback offers through the Commonwealth Bank Awards program


  • Maximum available credit limit of $3,000 is low compared to other business credit cards
  • Unable to make cash advances
  • You will not earn CommBank Awards points for your spending
  • Does not offer any insurance cover
Bonus pointsN/A
Annual fee$0
Late payment fee$0
Additional cardholder fee$0

Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The CommBank Neo Business card is suited to smaller businesses that want a simple way to manage their spending, with a maximum $3,000 credit limit and one additional cardholder. Instead of charging interest, the CommBank Neo Business has a monthly account fee that only applies when you’re using the card or paying it off.

This structure could make it simple to forecast account costs without worrying about interest calculations. To put it in perspective, if you paid the monthly fee every month, your yearly cost would be $144 if you had a $1,000 credit limit, $216 if you had a $2,000 credit limit and $264 if you had a $3,000 credit limit.

How to apply

You can apply for the CommBank Neo Business card online in a few minutes. As this is a business account with personal liability, make sure you meet the following eligibility requirements and have all the documents and details you'll need on hand.

Eligibility criteria

  • Australian working status. You must legally have the right to work in Australia.
  • Bankruptcy status. You must not currently be bankrupt.

Card benefits

  • No interest. The CommBank Neo Business card has a 0% interest rate and charges a monthly fee instead.
  • Data sharing with MYOB and Xero. You can link your CommBank Neo Business card to your account with MYOB and Xero so that transaction data is automatically added. This can help you save time on accounting tasks.

Rates & fees

  • Monthly fee. This card has the following monthly fees, based on your credit limit:
  • $1,000 credit limit: $12 monthly fee
  • $2,000 credit limit: $18 monthly fee
  • $3,000 credit limit: $22 monthly fee

If you don't use the card for a statement period and don't owe anything from the previous statement period, you won't have to pay the monthly fee.

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